Wayfair will lay off 870 workers after a drop in sales.

The web furnishings retailer Wayfair, which has struggled to keep up momentum after experiencing a surge in gross sales within the early months of the pandemic, mentioned on Friday that it was shedding about 870 workers, about 5 % of its international work pressure and 10 % of its company crew.

The job cuts are a part of the corporate’s “plans to handle working bills and realign funding priorities,” Wayfair mentioned in a regulatory submitting.

A spokeswoman for Wayfair mentioned the layoffs primarily affected company roles in North America and Europe.

“We have been seeing the tailwinds of the pandemic speed up the adoption of e-commerce purchasing, and I personally pushed arduous to rent a powerful crew to assist that progress,” Niraj Shah, a co-founder and the chief government of Wayfair, wrote in a letter to workers. “This 12 months, that progress has not materialized as we had anticipated.”

Wayfair’s gross sales boomed within the early months of the pandemic. Within the second quarter of 2020, gross sales have been up greater than 80 % as cooped-up staff shopped for furnishings on-line, serving to Wayfair, which went public in 2014, put up its first revenue as a public firm.

On Aug. 4, Wayfair introduced its second-quarter earnings, reporting that internet income was down 14.9 % from the identical interval final 12 months and that its variety of lively clients had fallen 24.1 %.

“Throughout a tough macroeconomic setting, we stay squarely centered on our clients and our suppliers, and on ensuring Wayfair is their most well-liked platform for the house,” Mr. Shah mentioned within the earnings assertion. “We’re tightly controlling our many levers and steering Wayfair in a financially accountable method by means of this era.”